VAN GESTEL & C° IMMOBILIËN
ActiveVAN GESTEL & C° IMMOBILIËN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32.95M and a net result of €-53k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 4489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency57▼-8
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5M at 30 days acceptable
Liquidity ample (current ratio 2.88 against 9.09 in 2024), but 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
0%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
5 d late
2023
7 d early
2022
17 d late
2021
25 d early
2020
26 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-53k▼ 175%
2024 · €-19k
2018: €107k
2019: €328k
2020: €516k
2021: €7.20M
2022: €-205k
2023: €-111k
2024: €-19k
2018 → 2025
Working capital
€5.46M▲ 13.5%
2024 · €4.81M
2018: €-73.09M
2019: €-78.10M
2020: €-76.64M
2021: €-74.38M
2022: €-65.50M
2023: €9.00M
2024: €4.81M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33.37M-€33.13M▼ 0.7%€33.01M▼ 0.4%€32.99M▼ 0.1%€32.95M▼ 0.1%
Operating result€9.93M-€-6k€-352k▼ 5,830%€124k€-75k
Net result€7.20M-€-205k€-111k▲ 45.9%€-19k▲ 82.8%€-53k▼ 175%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €75k after €124k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141.59M
Fixed assets
€133.22M▲ 14.5%
Current assets
€8.36M▲ 54.9%
Equity and liabilities €141.59M
Equity
€32.95M▼ 0.1%
Provisions
€2.87M▼ 3.5%
Debt
€105.77M▲ 23.4%
The debt ratio rises from 70.4% to 74.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1.47M▲
2024 · €1.20M
Cash flow
€1.49M▲
2024 · €1.06M
Solvency
23.3%▼
2024 · 27.1%
Current ratio
2.88▼
2024 · 9.09
Quick ratio
2.88▼
2024 · 9.09
Debt / equity
3.21▲
2024 · 2.60
ROE
-0.2%▼
2024 · -0.1%
ROA
0.0%▼
2024 · 0.0%
Interest coverage
1.71▲
2024 · 1.56
Debt
€105.77M▲
2024 · €85.73M
Debt ≤ 1 year
€2.91M▲
2024 · €594k
Debt > 1 year
€102.10M▲
2024 · €84.82M
Income taxes
€83k▲
2024 · €67k
Staff costs
€96k▲
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€121.70M€141.59M▲
Fixed assets21/28€116.30M€133.22M▲
Tangible fixed assets22/27€9.89M€31.31M▲
Land and buildings22€9.84M€31.27M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€42k€31k▼
Financial fixed assets28€106.42M€101.92M▼
Current assets29/58€5.40M€8.36M▲
Amounts receivable within one year40/41€5.12M€7.52M▲
Trade receivables40€40k€89k▲
Other amounts receivable41€5.08M€7.43M▲
Cash at bank and in hand54/58€1€154k▲
Deferred charges and accrued income490/1€284k€694k▲
Equity and liabilities
Total equity and liabilities10/49€121.70M€141.59M▲
Equity10/15€32.99M€32.95M▼
Contributions10/11€17.16M€17.16M=
Capital10€17.16M€17.16M=
Issued capital100€17.16M€17.16M=
Reserves13€10.74M€10.43M▼
Non-distributable reserves130/1€1.72M€1.72M=
Legal reserve130€1.72M€1.72M=
Tax-exempt reserves132€8.93M€8.61M▼
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€5.10M€5.36M▲
Investment grants15-€6k
Provisions and deferred taxes16€2.98M€2.87M▼
Deferred taxes168€2.98M€2.87M▼
Amounts payable17/49€85.73M€105.77M▲
Amounts payable after more than one year17€84.82M€102.10M▲
Financial debts170/4€84.82M€102.10M▲
Amounts payable within one year42/48€594k€2.91M▲
Current portion of amounts payable after more than one year42€560k€2.82M▲
Trade debts44€20k€66k▲
Suppliers440/4€20k€66k▲
Advances received on contracts in progress46€181€231▲
Taxes, remuneration and social security45€0€14k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€0€13k▲
Other amounts payable47/48€14k€6k▼
Accrued charges and deferred income492/3€317k€759k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€72k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.08M€1.55M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€26k
Other operating charges640/8€114k€129k▲
Gross operating margin9900€1.39M€1.72M▲
Operating profit (loss)9901€124k€-75k▼
Financial income75/76B€621k€864k▲
Recurring financial income75€621k€864k▲
Financial charges65/66B€774k€862k▲
Recurring financial charges65€774k€862k▲
Profit (loss) for the period before taxes9903€-29k€-74k▼
Transfer from deferred taxes780€77k€104k▲
Income taxes67/77€67k€83k▲
Profit (loss) for the period9904€-19k€-53k▼
Transfer from tax-exempt reserves789€230k€312k▲
Profit (loss) for the period to be appropriated9905€211k€259k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.10M€5.36M▲
Profit (loss) brought forward from the previous period14P€4.89M€5.10M▲
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.50.8▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Permanent representative4 facts ▸
- General meeting, 11 juni 2026
- Director reappointment, ATHELEAN (bestuurder)
- Permanent representative, Frank Van Leemput
- Mandate compensation, ATHELEAN
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 80current ratio 13.11
Current ratio from 0.16 to 13.11; short-term debt falls from €78.29M to €743k.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-205k ▼103%
Net result drops to €-205k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €7.20M ▲1296%
Operating result €9.93M, net result €7.20M, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
ATHELEAN
CurrentDirector · since 11-06-2026 · Public limited company · perm. rep.: Frank Van Leemput
11-06-2026
Mandate renewed as Director
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vitsdam(BOR) 632880 BornemGround area
246 m²
Building footprint
76 m²
Volume, LiDAR
854 m³
Parcel 12007A0280/00M000, Flanders · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VAN GESTEL & CO IMMOBILIEN
since 19942.066.630.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007A0280/00M000 | Flanders | 246 m² | 1 · 76 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
11 connected companiesNetwork connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 7 more network connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Ownership & control
1 partyControl over this companysits on this company's board1
12 subsidiaries · 1 location
controls
VAN GESTEL & C° IMMOBILIËNBE 0452.293.974
Similar companies · same sector, comparable size
VASTGOED NOORD
BE 0443.549.029
Gent · Eq €32.82M
L'Habitation Moderne-De Moderne Woning
BE 0401.967.505
Sint-Lambrechts-Woluwe · Eq €32.66M
CENEL
BE 0771.904.125
Zoersel · Eq €33.31M
WILLY VAN DOORNE INTERNATIONAL
BE 0414.464.172
Schilde · Eq €32.37M
Immobilière Sem
BE 0420.838.359
Brussel · Eq €31.93M
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 874 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-03-1994
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
70311
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.